How does the insurance of the separate entity interact with the strata scheme's insurance?

Jun 16, 2020 ... BC strata corporations have been facing substantial increases to their insurance rates and deductibles, with many seeing significant premium increases on ... Energising the strata insurance market: affordability, availability, competition - May 2023 Strata Insurance Disclosure Handbook User Guide - Sept 2023 Jul 4, 2023 ... Strata insurance is structured to protect common contents and property under a strata title or body corporate entity. Strata insurance is a type of insurance that covers common property, common areas, and shared assets in a strata-titled property. Strata insurance policies are ... Strata insurance protects the building and common areas or facilities, with the premiums paid for by the owner's corporation. A strata corporation's insurance may cover insured losses to the condo building and common property, but it does not cover your personal liability, contents, or ... World class insurance software. Powering profitable growth for insurance retailers and modern digital journeys for consumers, CDL Strata is the retail platform ... We offer a comprehensive policy that will satisfy the requirements of the Strata Act and ensure the building is properly covered in the event of a loss. Strata insurance can cover the building and all common or shared property, and contents which belong to the owners' corporation. The type of cover and its cost ... AAMI Strata Insurance offers cover for strata titled buildings with common property(such as apartments and townhouses) for incidents such as break-ins and ...